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State ex rel. N. Y. Guaranty & Indemnity Company vs. The Board of Liquidation

Louisiana Supreme Court1880No. No. 6324
1 Mann. Unrep. Cas. 63

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Opinion

majority opinion

Manning, C. J.

The relator applied to the respondent to fund two hundred and fifty bonds of one hundred dollars each of the series, designated as the Mississippi and Mexican Gulf Ship Canal bonds, issued under the Act of March 8th, 1869. The respondent refused because these bonds are among those declared doubtful by Act of May 17, 1875. The ruling in State ex rel. Ex. Bank v. Bd. Liq., 29 La. Ann. 264, was applied.

De Blanc, J., dissenting.

Judgment affirmed.